10 Benson Street, Call Listing Agent, NY

$10,500,000

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20,000

Square feet

About 10 Benson Street

We are pleased to present an exceptional investment opportunity—a fully leased, turnkey student housing portfolio in Albany, NY’s desirable Pine Hills neighborhood. Priced at $10,500,000, this portfolio consists of 29 properties, 55 units, and 201 beds, strategically located between the University at Albany’s main and downtown campuses. With a proven rental income stream, one-year leases secured by personal guarantees (PGs), and recent capital improvements such as new roofs, high-efficiency Navien hot water systems, and gas boilers under 10 years old, this offering provides investors with a stable, low-maintenance asset in a high-demand student rental market. The properties are within walking distance to restaurants, bars, retail, and entertainment, making them highly desirable for students. Albany’s off-campus student housing market continues to thrive due to limited new supply and increasing enrollment, positioning this portfolio as a highly competitive option. The financials will be provided only upon execution of a Non-Disclosure Agreement (NDA) and proof of funds submission.

Features of 10 Benson Street

MLS® # 825042
Price $10,500,000
Bathrooms 0.00
Internal Footage 20,000
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 10 Benson Street
City Call Listing Agent
County Albany County
State NY
Zip Code 12206

Amenities

Utilities Electricity Available, Natural Gas Available
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air, Separate Meters
Fireplace No
Has Basement Yes
Basement See Remarks

Exterior

Construction Other

Additional Information

Date Listed February 16th, 2025
Days on Market 237
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofTriforce Commercial RE LLC
Contact Info845-450-6500

Listing Map

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